Constructing confidence interval

Assignment Help Basic Statistics
Reference no: EM13104302

A company sampled 40 of the springs that it manufactures for use in small engines and discovered that 20% of the springs did not meet specifications. Construct a 99% confidence interval for the population proportion of springs that do not meet specifications.

Reference no: EM13104302

Questions Cloud

Statistics-monthly salaries of business graduates : Use these data to obtain a 90% confidence interval estimate for the mean starting monthly salary, µ, of all recent graduates with bachelor's degrees in marketing from this university.
Role metaphor in grasping concept of artificial intelligence : What role do metaphors play in assisting people grasp concept of Artificial Intelligence? Do you agree with statement that brain is "meat machine"?
Confidence intervals for weight of dog food : A sample of 400 bags of dog food which are advertised to contain twenty-five pounds had a mean content weight of 24.5 pounds with a standard deviation of 3 pounds.
Compute the order quantity and reorder point : Given the following information, formulate a continuous-review inventory management system. The item is demanded 50 weeks a year.
Constructing confidence interval : A company sampled 40 of the springs that it manufactures for use in small engines and discovered that 20% of the springs did not meet specifications.
What is the probability that mean miles per gallon exceeds : 10 cobalts are ramdomly selected and the miles per gallon for each car are recorded. What is the probability that the mean miles per gallon exceeds 34 miles per gallon?
What was the driver reaction time : A driver traveling at 59 km/h sees a chicken dash out onto the road and slams on the brakes. Accelerating at -7 m/s2, the car stops just in time 24.3 m down the road. What was the driver's reaction time (i.e., the time that elapsed before he engag..
Difference between manufacturing and service operations : List several of the major differences between manufacturing and service operations and then articulate the importance of a strong manufacturing base to the overall economy.
Statistics of mean difference-specific example : The average expenditure on Valentine's Day was expected to be $100.89 (USA Today,| February 13, 2006). Do male and female consumers differ in the amounts they spend?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Acceptance-sampling scheme

Consider an acceptance-sampling scheme in which factory takes delivery of a batch of components if random sample of 400 components contains fewer than M defectives.

  Suppose there is no cyclical component

Suppose there is no cyclical component. Quarterly billing for water usage is shown below describe summer billing for year 5.

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  Suppose we drew a histogram

Suppose we drew a histogram of these 18 death rates using class intervals 1 — 1.9, 2 — 2.9, 3 — 3.9, 4 — 4.9 and 5 — 5.9. Using the histogram, we would

  Confidence in our estimate of the percent of adults

Findout the margin of error for this survey if we want a 99 percent confidence in our estimate of the percent of adults over 50 who take vitamin supplements.

  Statistical interpretation on junk food

Support colour-coding on packaged food to indicate healthier options

  Recognize the statistical formulas

Be sure to specifically identify the statistical formulas and what additional data you would need to determine your estimate(s).

  Determining confidence interval for proportion of all voters

Determine a 95% confidence interval for proportion of all voters in favour of candidate.

  Job interviewing error

Significance level to test the claim that less than half (.5) of all executives identify that error as being the most common job interviewing error.

  Risk of parkinsons disease developing

The study found that men who had participated in some vigorous activity at least twice a week in high school, college, and up to age 40 had a 60% reduced risk of Parkinson's disease developing. The study found no such reduction for women. What typ..

  Question on poisson distribution

What type of probability distribution will most likely be used to analyze the number of chocolate chip parts per cookie in the following problem?

  Independent and dependent variables of experimental study

Oxytocin is a naturally occurring brain chemical that is nicknamed the "love hormone" because it seems to play a role in the formation of social relationships such as mating pairs and child-parent bonding.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd